The Pakistan Stock Exchange (PSX) reached a significant milestone by surpassing the 85,000-point mark for the first time in its history, signaling a major achievement for the country’s financial markets.
On Tuesday morning, the KSE-100 index jumped 500 points, setting a new all-time high of 85,410 points. This record-breaking surge reflects increased investor confidence and showcases the resilience of Pakistan’s economy amid global economic challenges.
Read more: PSX Hits New Heights as KSE-100 Index Surpasses 83,000 Points
By noon, the KSE-100 Index had climbed further, gaining 804 points to reach a historic 85,714 points.
Market experts attribute this growth to several factors, including improved investor sentiment, stable macroeconomic indicators, and advancements in key sectors like banking, energy, and technology. Government reforms and measures to stabilize the rupee have also played a role in the market’s impressive performance.
Last week, the PSX crossed the 83,000-point milestone, reaching 83,003 points after a 282-point rise during Friday’s session. The exchange’s consistent upward trend has been supported by favorable economic policies and strong corporate earnings, positioning the PSX as a key player in the region’s financial landscape.
